Excellence in Research and Teaching

CEMFI is a leading graduate school in Economics in the heart of Madrid.

Master in Economics and Finance

A rigorous two-year program that successfully places students in the professional job market as well as in top doctoral programs.

See more

Job Market Candidates

2022-2023 PhD Job Market Candidates in the academic market

See more

PhD in
Economics

A selective doctoral program that is endorsed by the quality of its placements and the career paths of its graduates.

See more

Research

Our faculty are leaders in their fields of expertise and regularly publish in the leading journals of Economics.

See more

Summer
School

Intensive, one-week courses covering the most recent developments in fields within CEMFI's range of expertise.

See more

News

See all news
Liyang Sun’s paper recognized with the Aigner Award for one of the best papers published in the Journal of Econometrics in 2022.

Liyang Sun’s paper recognized with the Aigner Award for one of the best papers published in the Journal of Econometrics ...

See more
Banco de España and CEMFI have organized the 11th joint Research Workshop. The programs and papers are available here.

Banco de España and CEMFI have organized the 11th joint Research Workshop. The programs and papers are available here.

Rafael Repullo participates in a panel discussion on the Nobel Prize in Economics 2022 at Fundación Ramón Areces.

Rafael Repullo participates in a panel discussion on the Nobel Prize in Economics 2022 at Fundación Ramón Areces.

See more
CEMFI invites applications for two tenured appointments at the Associate or Full Professor level.

CEMFI invites applications for two tenured appointments at the Associate or Full Professor level.

Recent publications

See all publications
Lost in Recessions: Youth Employment and Earnings in Spain
Lost in Recessions: Youth Employment and Earnings in Spain

Samuel Bentolila, Florentino Felgueroso, Marcel Jansen and Juan F. Jimeno

SERIEs - Journal of the Spanish Economic Association, 2022.

Gender Inequality in Paid and Unpaid Work During Covid-19 Times
Gender Inequality in Paid and Unpaid Work During Covid-19 Times

Lídia Farré, Yarine Fawaz, Libertad González and Jennifer Graves

Review of Income and Wealth, 2022.

Income Risk Inequality: Evidence from Spanish Administrative Records
Income Risk Inequality: Evidence from Spanish Administrative Records

Manuel Arellano, Stéphane Bonhomme, Micole De Vera, Laura Hospido and Siqi Wei

Quantitative Economics, 2022.

Gaussian rank correlation and regression
Gaussian rank correlation and regression

Dante Amengual and Enrique Sentana

Essays in honor of M. Hashem Pesaran: Panel Modeling, Micro Applications and Econometric Methodology, Advances in Econometrics, 2022.

The Rise and Fall of Local Elections in China
The Rise and Fall of Local Elections in China

Monica Martinez-Bravo, Gerard Padró i Miquel, Nancy Qian and Yang Yao

American Economic Review, 2022.

Investment Demand and Structural Change
Investment Demand and Structural Change

Manuel García‐Santana, Josep Pijoan-Mas and Lucciano Villacorta

Econometrica, 2021.